Procurement Tactics

AUGUST 25, 2022

In 2022, he was awarded the Special Mentioned Individual Award by Supply Chain Asia for his contribution to the national emergency procurement for the Covid-19 operation. Furthermore, He was voted by Supply Chain Digital as one of the top 10 procurement executives worldwide. Trillion budget. . Rajeev Karmacharya.

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

Procurement Heads

FEBRUARY 7, 2023

For Procurement Heads ’ latest CPO Spotlight, Magdalena spoke with Rupert Gaster about why she chose to complement her procurement career with end-to-end supply chain roles and what drives her curiosity. Category management has been added and embedded into the operating model.

Supply Chain Efficiency 130

Supply Chain Efficiency Raw materials Category management Sustainability 130

SCMDOJO

SEPTEMBER 19, 2024

At a time when businesses are evolving at a rapid pace, the significance of supply chain management continues to grow, becoming an essential part of operations for companies around the globe. Two platforms that stand out in this field are SCMDOJO academy and Coursera supply chain courses , among many others.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply chain management 98

Supply Chain Game Changer

JULY 31, 2019

Subscribe to Supply Chain Game Changer. Brand Protection – The Definitive Role of the Supply Chain! A while ago, we blogged about how more Startups are looking to Supply Chain Management to boost their productivity as they scale. Subscribe Here! Email Address. Getting it funded is harder.

Supply Chain Efficiency 72

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 72

SCMDOJO

APRIL 3, 2022

They are far more convenient than conventional discussions and negotiations, providing procedural integrity and transparency while also lowering final prices owing to enhanced supplier competitiveness. Digital bidding, or eAuctions, are a more efficient way of negotiating with vendors in the international market. Macfarlane, 2017).

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

SCMDOJO

JULY 3, 2023

Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. Roles in the negotiation process Procurement Training Course #3: Introduction to Category Management The objective of this course is to familiarize you with the process of Category Management and its administration.

Cost of ownership 98

Cost of ownership Procurement Category management supply chain software solutions 98

SCMDOJO

NOVEMBER 2, 2023

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains. With a Ph.D.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

The Good Spending

JANUARY 4, 2023

Its two dimensions suggest the flat Earth approach with insufficient room to cater to the complexities of modern category management and strategic sourcing situations. Indeed, we understand that leverage item attract negotiations, while non-critical ones are about sourcing process efficiency, buying channels, etc.

Strategic sourcing 97

Strategic sourcing Strategic sourcing Agile and Lean Supply Chain Category management 97

SCMDOJO

JUNE 6, 2024

Watch Procurement Jobs in Future I The Supply Chain Show video on SCMDOJO YouTube Channel! Ethical and Sustainable Procurement: The curriculum emphasizes the importance of responsible sourcing practices, aligning with the growing demand for ethical and sustainable supply chains. Enroll Now!

Procurement 105

Procurement Supply Chain Optimization Supply Chain Efficiency Ethics 105

Empowering CPO

JUNE 30, 2023

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services. The result?

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 52

NLPA (Next Level Purchasing Association)

JANUARY 6, 2025

What makes FIFO (First-In, First-Out) such a vital strategy for inventory management in Purchasing and Procurement? In the fast-paced and ever-changing world of supply chains, FIFO stands out as a simple yet transformative approach. Logistics & Supply Chain : Enhances throughput in distribution centers.

Procurement team 52

Procurement team Agile and Lean Supply Chain Procurement Supply Chain Efficiency 52

Spend Matters

NOVEMBER 2, 2023

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. baking in benchmarking opportunity analytics more deeply and formally into the analytics, sourcing and category management applications). using RAG ).

Networking 114

Networking Spend management Suppliers Supply Chain Optimization 114

Una

JULY 25, 2023

From determining business needs to reviewing performance and everything in between, this article explores the ten stages of the procurement cycle , provides expert tips on how to navigate each step, and explains ways to drive cost savings and efficiencies. Procurement and Supply Chain: What’s the Difference?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement Category management 52

Una

DECEMBER 14, 2022

Businesses are under pressure to keep quality products in stock while navigating inflation and ongoing supply chain disruptions. In addition to cost savings, members have access to quarterly reporting capabilities, built-in price protections and mark-ups, and resources to help thwart supply chain disruptions and product shortages.

Price 98

Price Supply Chain Efficiency Purchasing Supply chain 98

Positive Purchasing

SEPTEMBER 5, 2023

Jonathan: We set the business up because we were convinced the World needed and was ready to embrace sustainability in both immediate suppliers and right down their extended supply chain – and a heap of conversations with prospective clients confirmed that this was indeed the case. How do we manage risk?

supply chain budgeting 69

supply chain budgeting Category management Negotiation Sustainability 69

Supply Chain Game Changer

JULY 3, 2019

Subscribe to Supply Chain Game Changer. The Green Supply Chain: True Sustainability or Just One Big Marketing Stunt? One of the easiest ways to gauge the success, and impact, of a responsible sourcing initiative, is by interweaving it into every fiber of your supplier relationship management. Subscribe Here!

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

Spend Matters

JUNE 19, 2023

E-procurement IT solutions improve process automation, increase spending under management, reduce maverick spend, improve cross-functional process/data integration (e.g., budget compliance and inventory availability), enable effective spend, preferred supplier and category management.

Procurement solutions 98

Procurement solutions Procurement supply chain budgeting Real-time Visibility 98

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Positive Purchasing

APRIL 11, 2022

Today, we’re seeing unprecedented changes in our supply chains with UK issues ranging from domestic goods through to raw materials. Cheap imports shipped from China would arrive in the UK and the US in three weeks and this logistical engine worked beautifully for many years. Logistics are getting more expensive.

Raw materials 52

Raw materials Supply Supply Chain Efficiency Price 52

Procurement Templates

JANUARY 17, 2024

Demand management embedded within the procurement process. How is this considered throughout the supply chain and reported at a senior level. Organisation undertakes a full assessment of the waste within the supply chain in relation to risk-based existing contracts.

Demand 130

Demand Management Buyers Purchasing 130

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Strategy 52

Strategy Supply Chain Optimization Inventory supply chain software solutions 52

Supply Chain Game Changer

FEBRUARY 16, 2020

Subscribe to Supply Chain Game Changer. How To Differentiate With A Supplier Relationship Management (SRM) Program! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. Subscribe Here!

Procurement 54

Procurement Supplier relationship management Supply Chain Efficiency Suppliers 54

The Procuretech Podcast

FEBRUARY 8, 2022

Beyond category management: filling a white space in today's procurement technology landscape. Efficiency. How did they arrive at Category Management as the focus area? Procurement is in a unique position as the node between the business and the supply chain. The business doesn't think in categories.

Category management 40

Category management Procurement team Supply Chain Efficiency supply chain budgeting 40

Procurement Software

MARCH 11, 2022

But the valuable contribution that Category Managers responsible for indirect spend make to the business often comes through cost avoidance, or the successful deferral of a contractual price increase or inflationary commodity prices. White space savings (freeing up someone’s time and increasing operational efficiency).

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

But the valuable contribution that Category Managers responsible for indirect spend make to the business often comes through cost avoidance, or the successful deferral of a contractual price increase or inflationary commodity prices. White space savings (freeing up someone’s time and increasing operational efficiency).

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Supply Chain Game Changer

NOVEMBER 26, 2018

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and Category Management: Lessons Learned at IKEA.

Procurement team 43

Procurement team Supplier relationship management Procurement Suppliers 43

Una

MARCH 6, 2024

Get things done faster Outsourcing helps businesses streamline their operations and use their resources more efficiently. The primary motivation for outsourcing is to increase efficiency (24%) and to gain access to expert skills (18%). It gives them access to specialized skills, cuts costs, and boosts operational efficiency.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

Positive Purchasing

JANUARY 25, 2024

Whether that’s sourcing, category management, requisitioning or even the chasing of invoices. Of course, transactional efficiency is part of what we do, but we have to get strategic. And when we realize this, doesn’t it mean we have to bring another layer of intelligence to the supply chain and the organization overall?

Data 52

Data Supply Chain Efficiency Supply Chain Optimization Procurement 52

Jaggaer

MARCH 28, 2025

As global organizations face increasing demands to do more with less, procurement and supply chain teams are under pressure to drive greater value while reducing operational complexity. Release introduces a range of enhancements that directly address common roadblocks in sourcing, contracting, and category management.

Innovation 52

Innovation Supply Chain Efficiency Procurement Procurement team 52